The administrator appointed to a Ballymena electrical and mechanical firm has announced that it is not feasible to continue trading and 57 jobs have been lost.
JBE Mechanical Electrical Ltd was established in 1983, but went into administration just days into the New Year.
A meeting was held to update all staff at the firm’s headquarters at Braid River Business Park in Ballymena on Friday.
“Unfortunately, following our review of live contracts and the company order book, I have concluded that it is not feasible to continue trading the business in administration,” administrator Gerard Gildernew said.
“Regrettably, all 57 staff have this morning been notified that their roles are redundant.
“I wish to record our thanks to those staff who have assisted us in the past week as we continue to work to maximise realisations to creditors.”
The business was one of Northern Ireland’s longest established electrical and mechanical contractors working across the commercial, industrial, leisure, healthcare and retail sectors.
The administrator has been liaising with Ballymena Jobs and Benefits office to provide assistance to affected staff.
The Co Antrim town has been dealt blow after blow when it comes to job losses in recent years, with the loss of major employers like Michelin, JTI Gallaher and more.